Understanding your tax liability and ensuring you file your information correctly and on time can be a headache given the hundred other tasks you need to balance as a business owner. In such a situation, hiring an accountant can free up your schedule and ensure that you file your taxes completely and efficiently without spending more money than you need to. Professional accounts help you avoid overpaying and prevent fines from the IRS. In addition to this, they provide several other benefits to your business.

Original Article Source Credits:   Intuit and QuickBooks , https://quickbooks.intuit.com/

Article Written By:  QuickBooks Canada Team

Original Article Posted on:  NA

Link to Original Article:  https://quickbooks.intuit.com/ca/resources/taxes/small-business-tax-bracket/

Original Article Source Credits:   Advisor's Edge , https://www.advisor.ca/

Article Written By:  Rudy Mezzetta

Original Article Posted on:  August 27, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-adds-t4-reporting-requirements-to-validate-benefit-payments/

Original Article Source Credits: Advisor’s Edge , https://www.advisor.ca/

Article Written By: Rudy Mezzetta

Original Article Posted on: July 27, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-extends-tax-payment-deadline-to-sept-30/

Original Article Source Credits: Financial Post , https://financialpost.com/

Article Written By: Financial Post & Neal Winokur

Original Article Posted on: Aug 07, 2020

Link to Original Article:  https://financialpost.com/opinion/opinion-its-time-to-end-annual-tax-filing

Original Article Source Credits: Yahoo Finance , https://ca.finance.yahoo.com/

Article Written By: Andrew Walker

Original Article Posted on: August 7, 2020

Link to Original Article:  https://ca.finance.yahoo.com/news/canada-revenue-agency-retirees-earn-120056413.html

Original Article Source Credits: The Globe and Mail , https://www.theglobeandmail.com/

Article Written By: PETER VAN DIJK AND GLEN HODGSON

Original Article Posted on: AUGUST 9, 2020

Link to Original Article:  https://www.theglobeandmail.com/business/commentary/article-a-wealth-tax-wont-work-to-fix-the-coming-debt-crisis-we-need-a/

Original Article Source Credits: Advisor's Edge , https://www.advisor.ca/

Article Written By: Rudy Mezzetta

Original Article Posted on: July 27, 2020

Link to Original Article:  https://www.advisor.ca/tax/tax-news/cra-extends-tax-payment-deadline-to-sept-30/

Did you know that most business owners do not know how they can benefit from claiming the usage of director vehicles in their business? That’s right! Companies can claim vehicles equal to the number of directors the company has (proportionate to the percentage of use for business)! Unfortunately, as many business people are unaware of this, they lose out on the opportunity to save money.

I’m Iqbal Chouhan, the proud owner of Taxxlution Accounting Professionals.

I look forward to sharing my story. I hope that you will enjoy getting to know me better.

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